Nexa Collect

AUGUST 6, 2020

Most collection agencies work to maintain proper standards, but some are better than others. Ensure the ones you’re considering are properly licensed according to your state’s licensing rules and follow the guidelines of the Fair Debt Collection Practices Act. Make Sure They Carry Adequate Insurance.

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Debt RR

SEPTEMBER 27, 2020

Although commercial debtors do not enjoy the same level of protection as consumer debtors do, this does not mean they are left at the mercy of creditors and debt collection agencies (DCAs). The business debt collection laws protect them. Like the Fair Debt Collection Practices Act, the U.S.

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Burt and Associates

SEPTEMBER 23, 2024

Always ensure a solid paper trail, including the original debt agreement, communication logs, payment history, and other documents. This helps you stay organized and is key if legal issues arise. Make sure to respond promptly with the proper documentation to build trust and avoid any legal issues.

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Nexa Collect

JUNE 24, 2023

These laws and regulations may vary depending on the country or jurisdiction in which the debt collection agency operates. In the United States, for example, debt collectors must adhere to the Fair Debt Collection Practices Act (FDCPA).

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Debt collector Collection Agencies Collections Agency Debtor 100

Burt and Associates

SEPTEMBER 23, 2024

Always ensure a solid paper trail, including the original debt agreement , communication logs, payment history, and other documents. This helps you stay organized and is key if legal issues arise. Make sure to respond promptly with the proper documentation to build trust and avoid any legal issues.

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Collections Debtor Debt Recovery Fair Debt Collection 52

Taurus Collect

JUNE 12, 2023

Generally, the statute of limitations ranges from three to ten years, and once it has expired, the debt is considered “time-barred” and the collection agency can no longer legally collect on it. That’s where the Fair Debt Collections Practices Act comes in to protect you.

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Burt and Associates

OCTOBER 31, 2024

Recent enforcement actions have targeted collection agencies that misrepresented attorney involvement, attempted to collect on debts without adequate documentation, or pursued no longer legally collectible debts.

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